I learnt a very very hard lesson, 10 odd years ago when struggling to find 'value'.
I bought sh**t stocks because they were they where the only ones screening as 'cheap' And yes they were cheap for a reason.
I subsequently lost 60% odd of my capital
To make back capital, when one has lost 60% is a long hard slog (need to generate more than 100% subsequent returns just to get back to break even!!!)
Like I have said (not specific to NEC), mistress market will impose her tuition fee, and the cost of that tuition is hopefully knowledge.
Now I am more careful, in an 'expensive market'.
I learnt a very very hard lesson, 10 odd years ago when...
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Last
$1.16 |
Change
0.003(0.22%) |
Mkt cap ! $1.839B | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.16 | $1.15 | $159.3K | 138.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 64054 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 20958 | 20 |
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| Last trade - 10.25am 14/11/2024 (20 minute delay) ? |
| NEC (ASX) Chart |